A dynamic pricing strategy used in short-term rental management where rates are adjusted based on seasonal demand, holidays, special events, and other factors that influence market fluctuations.
Menu
Glossary Term: Surge Pricing
3 posts
A pricing strategy used by short-term rental platforms, like Airbnb and VRBO, where prices increase significantly during periods of high demand, such as holidays or special events.
A dynamic pricing strategy that adjusts rates for short-term rentals based on local events, holidays, festivals, or conferences that influence demand and market value.